- Subject index
`Education policy is now a global matter and all the more complex for that. Mark Olssen, John Codd and Ann-Marie O'Neill do us an invaluable service in producing a carefully theorised guide to current issues and key concerns - this is an important, erudite and very practical book' - Stephen J Ball, Education Policy Research Unit, University of London `Given the global reach of neoliberal policies, we need cogent books that enable us to better understand the major effects such tendencies have. Education Policy is such a book. It is insightful and well written--and should be read by all of us who care deeply about what is happening in education in international contexts' - Michael W Apple, Author of 'Educating the "Right" Way and John ...
Chapter 8: Neoliberal Theories of Institutional Restructuring
Neoliberal Theories of Institutional Restructuring
Although Hayek and Friedman are important influences on the rise of neoliberalism, because they advocate a minimal state, their own positions are technically classical liberal. Neoliberalism ‘proper’ arises with those theories that advocate an extension of market rules and principles to public and private sector organizational restructuring. This chapter seeks to outline some of the major institutional theories that have guided the contemporary restructurings of educational institutions. Having done this we will review the influence of libertarian political philosophy and conclude by outlining Foucault's account of neoliberalism.
Public Choice Theory
Inasmuch as the economy was a central object of neoliberal analysis and restructuring from the 1970s, the analysis and redesign of public sector institutions was also to receive ...